Nice work mladen. The last couple of posts regarding MoCS caught my interest.
This was not because of the comparison to S&P, since we all know the correlation between EURUSD and S&P has been severely reduced these last couple of months (we no longer see the "risk-on, risk-off" scenarios as we used to).
What could be an interesting approach is to compare, for example, the EURUSD to the USD index itself (or alternatively to the EUR index).
Currently on holiday but when I get back home I will add the currency indices logic to this tool and try it on some charts, it might give some interesting results.
Elite indicators: MoCS Indicator
Thank you sincerely for your prompt professional service - much appreciated!!! My observation of your screen-shot is that this MoCS indicator has some "divergence" potential. If you concur with my observation then could you please include the divergence feature as well as "arrows on zero-cross" in mtf.
Thanks once again & have a great week trading.
Since it is a kind of a MACD (MACD of an unusual price) you are on a right track
So here is a MoCS indicator with divergences added
Corridor SSA Request.
Would it be possible to add an alert option to this indicator when the arrows are drawn? Also, can an alert be added, along with a symbol drawn on the chart, when this indicator breaks above the upper or below the lower bands?
mladen, mrtools, or anyone who can help with this,
I'm trying to create a new post and manage attachments with it. I have 20 already attachments in the home area and it won't let me add files to upload new files to then add those new attachments to my current post. How can I eliminate or delete old no longer used attachments in the home area to allow room for new ones to then add as mentioned above?
Thanks a lot for all the hope. I really appreciate it.
Hi Fat0n3s, added the alerts and extra arrow condition, made it as dots but you can change to whatever you prefer in your settings, also now you can choose which conditions you want the alerts or the arrows drawn.
Dang you guys are fast! Looks awesome! Thank you very much!
Fat0n3s, made a minor change in the alert, tried to post it before anyone downloaded but you were too fast , anyway would recommend you redownload it.
Will do. Thanks for letting me know!
an addition to Absolute Strength of Averages_mtf indicator
I would like to create a new set of dots on the Absolutestrength of average_mtf indicator used with the interpolated button set to false to reflect the enclosed picture below as follows:
if green step up is a bigger distance than its corresponding red step down during the same time, then create a lime green dot.
if green step down is a bigger distance than its corresponding red step up during the same time, then create green dot.
if red step up is a bigger distance than its corresponding green step down during the same time, then create a red dot.
if red step down is a bigger distance than its corresponding green step during the same time, then create a maroon dot.
Thanks so much for all of your continued help, past and present, as I continue to find intriguing ways to use your indicators.